Northern Trust Corporation


For more than a century, Northern Trust has worked hard building our legacy of outstanding service, expertise and integrity. Founded in Chicago in 1889, Northern Trust has offices in the United States in 19 states and Washington, D.C., 23 international locations in Canada, Europe, the Middle East and the Asia-Pacific region, and 18,100 employees globally. We serve the world’s most-sophisticated clients – from sovereign wealth funds and the wealthiest individuals and families, to the most-successful hedge funds and corporate brands. Our guiding principles not only survived but thrived during the Great Depression, two world wars and the 2008 financial crisis. We burnished our reputation as a global leader delivering innovative investment management, asset and fund administration, fiduciary and banking solutions enabled by sophisticated, leading technology. And through it all, we continually laid a solid, forward-looking foundation on which future generations can continue growing and achieving greater. As of March 31, 2018, Northern Trust Corporation had: $10.8 trillion in assets under custody/administration $8.1 trillion in assets under custody $1.2 trillion in assets under management $130 billion in banking assets NORTHERN TRUST CORPORATION REPORTS RECORD FIRST QUARTER NET INCOME OF $381.6 MILLION, EARNINGS PER COMMON SHARE OF $1.58, REVENUE GROWTH OF 15%, RETURN ON AVERAGE COMMON EQUITY of 16.0%. Michael O’Grady, President and Chief Executive Officer, commented, “Northern Trust’s first quarter performance was strong, generating a return on average common equity of 16.0% and earnings per share growth of 45%. This quarter’s performance reflected organic growth in our businesses, as well as the impact of favorable macroeconomic conditions. Revenue growth of 15% was driven by year-over-year growth in trust, investment and other servicing fees of 16%. Expenses during the quarter reflected support for the growth in our businesses. Our results produced positive fee operating leverage and operating leverage of 4.7 points and 3.6 points, respectively, versus the prior year. We remain focused on executing our strategy of providing excellent client service, improving our productivity and investing in future growth.”
Bank NameNorthern Trust Corporation
Stock ExchangeLSE
SymbolNTRS
SectorFinancials
IndustryMajor Banks
CountryUnited States
World Region"North America "
Chairman
CEOMr. Michael G. O'Grady
Employees18,100
Websitenortherntrust.com
Registered Year1889

2017 2016 2015
  € m € m € m
Revenue
Total interest income
Total Interest Expenses
Net Interest income
Total Net Revenue
Earnings per share
Basic 4.95 4.35 4.03
Diluted 4.92 4.32 3.99
Assets
Total current assets
Other assets 4,687,300 4,953,800 4,464,400
Total assets 138,590,500 123,926,900 116,749,600
Total current liabilities
Total liabilities 128,374,300 114,156,500 108,043,700
Total Equity 10,216,200 9,770,400 8,705,900
Net income
Net cash provided by operating activities 1,720 1,510 1,834
Net cash used for investment activities 14,022 10,192 6,901
Net cash provided by financing activities 11,253 7,537 8,534
Source:http://www.northerntrust.com
Currency in EUR, All numbers in million.

 

United States
Minneapolis
Naperville
Barrington